Greenhouse emissions and economic recessions: Did industrial economies “Stay Cool” during the 1930s economic crisis?
In this historical economic interdisciplinary research we investigate the impact of the 1930s economic crisis and their relationship to global warming. We investigate two consecutive hegemonic powers: the United Kingdom and the United States. Our assumption was that a reduction in demand would lead to a decrease in mean global temperatures during depressions. We find that in fact reduced carbon dioxide in the atmosphere resulting from lowered production does not result in cooling temperatures.
Volume (Year): 1 (2010)
Issue (Month): 1 (April)
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